The Competition Commission of India (CCI) has launched a public scrutiny of the finer details of the proposed $66 billion Bayer-Monsanto deal, as it feels that prima facie the deal has, or likely to have an major...
Chemical and Fertiliser
Potash Corp, Agrium win final approval to merge, forming Nutrien
Potash Corp of Saskatchewan Inc (POT.TO) and Agrium Inc (AGU.TO) have received final regulatory clearance to merge, forming a new company to be known as Nutrien, the two firms said on Wednesday. The two Canadian...
Coromandel to acquire Bio-Pesticides business of EID Parry for Rs 338 crore
Coromandel International, India’s second largest phosphatic fertiliser player with interests in fertilisers, crop protection, specialty nutrients, organic fertilisers, has signed a term sheet to acquire the Bio...
EU regulators to warn Bayer about Monsanto bid: source
EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions...
Clariant open to M&A deals as it deals with activist: CEO
Swiss specialty chemicals group Clariant (CLN.S) is open to making fresh acquisitions as it deals with activist investor White Tale, its biggest shareholder, Chief Executive Hariolf Kottmann said in an interview with a...
Yara buys Vale fertilizer complex in Brazil for $255 million
Norway’s Yara International ASA (YAR.OL), a global producer and distributor of fertilizers, has reached an agreement to buy Vale SA’s (VALE5.SA) fertilizer complex in Cubatão, Brazil, for $255 million in cash, the...
Merged fertilizer firm Nutrien eyes U.S. farm suppliers as cash pile builds
Nutrien, the company to be formed from the merger of Agrium Inc (AGU.TO) and Potash Corp of Saskatchewan (POT.TO), plans to expand its U.S. farm supply network and return cash to shareholders, Agrium Chief Executive...
AkzoNobel India to sell specialty chemicals biz for Rs 320 crore
Paints and coatings firm AkzoNobel India today said it will sell its specialty chemicals business as a going concern to an affiliate of the AkzoNobel Group for Rs 320 crore. The transaction is subject to...
China commerce ministry conditionally approves Potash-Agrium merger
China’s commerce ministry said on Tuesday it has granted conditional regulatory approval to the proposed $25 billion merger between fertilizer companies Agrium Inc (AGU.TO) and Potash Corp of Saskatchewan Inc PTO.TO...
Tata Chemicals to sell Haldia fertiliser business for Rs 375 crore
Tata ChemicalsBSE -0.80 % today said its board has approved sale of its Haldia fertiliser unit in West Bengal to Netherlands-based Indorama Holdings BV for Rs 375 crore. In a regulatory filing, the company said its...
SRF acquires hydrofluorocarbon refrigerant from Mexichem for $10 million
Gurgaon based SRF Ltd, a chemical based multi-business entity that manufactures refrigerants in India has entered into a definitive agreement with global major Mexichem to acquire HFC 125, a hydrofluorocarbon...
Activist investors scupper $20 billion Clariant-Huntsman merger
Swiss speciality chemicals maker Clariant and U.S. group Huntsman abandoned their $20 billion merger on Friday, notching a win for activist investors who fought the deal for months on the grounds it would destroy...
